Azerbaijan vs Kazakhstan: Bank Z-score

Azerbaijan
4.74
in 2021
Kazakhstan
2.95
in 2021
Azerbaijan rank
165th
Kazakhstan rank
168th

Bank Z-score over time

  • Azerbaijan
  • Kazakhstan
2468200020102021

How they compare

Azerbaijan currently reports 4.74 against 2.95 in Kazakhstan, a difference of 1.79.

That makes Azerbaijan's figure about 1.6 times Kazakhstan's.

The two have swapped places 4 times across 22 shared years of data; in 2000 it was Azerbaijan ahead.

Azerbaijan ranks 165th and Kazakhstan ranks 168th of 169 countries.

Azerbaijan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Azerbaijan Kazakhstan Difference Ahead
2000s 6.75 2.66 4.09 Azerbaijan
2010s 4.9 2.91 1.98 Azerbaijan
2020s 5.07 2.88 2.19 Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank z-score, Azerbaijan or Kazakhstan?
Azerbaijan, at 4.74 against 2.95 in Kazakhstan as of 2021.
What is the difference in bank z-score between Azerbaijan and Kazakhstan?
1.79, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Kazakhstan?
22 years are reported by both, from 2000 to 2021.
How do Azerbaijan and Kazakhstan rank globally for bank z-score?
Azerbaijan ranks 165th and Kazakhstan ranks 168th of 169 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank Z-score. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Kazakhstan: Bank Z-score. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/bank-z-score/azerbaijan/kazakhstan/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,285 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.